quarterly out now cashflow positive, page-7

They have a short mine life (I think less than 5 years at goose creek) but the cost of producing the concentrate is next to nothing as the mineralisation is in the top 3 meters :) with good concentrations of zircon. (most other mineral sands producers have to go down 20+ meters....)

They also have prospects in far north queensland and the ord rivier.

I assume that the money coming in from the tiwis will fund exploration in queensland etc.

cheers.